Belief That Jobs Are Unavailable Has Caused Unemployment To Rise, Claims Labor Official

Keith Hall, commissioner of the Bureau of Labor Statistics, says the 1.3 million unemployed Americans who have not sought work have felt that there are no jobs available to them. (0:15)

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Unemployment Moderation A Good Sign, Says Labor Bureau Commissioner

Despite continued job loss, unemployment moderation in the past three months is a “good sign,” says Keith Hall, Commissioner of the Bureau of Labor Statistics. “While I would say we’re not in recovery yet, this is the path that we have to go through to get to recovery. We expect to see moderation first before we start actually getting improvement in the labor market,” he says. (0:27)
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